Prior to Desired Moving Date |
People buy homes for
many reasons, whether it's a fulfillment of a dream or a calculated investment.
Whatever the motivation, buying a home is generally the
largest single financial transaction most people ever conduct.
it's such a big step, you really need to know what you're getting into when you
buy a house. In this section, we explain the financial elements of purchasing
a home and clarify the entire process to facilitate each step along the way. To
assist you in this giant financial undertaking, the Internet offers many financial
tools and calculators.
While it's easy to get overwhelmed,
buying a house doesn't have to be a painful ordeal. If you know all the details
and understand what you're getting into, the process can be both enjoyable and
educational. Yamon! will take you through the steps of preparing to buy a house,
from figuring what's motivating your decision to finding out what kind of home
you can afford. Then we'll take you step by step through the actual buying process,
from getting prequalified to moving in. more...
Can You Afford?|
How much money can you spend on a home?
That depends on several factors, including your income, credit rating, and the
size of your down payment. But the length of the loan and the interest rate also
have an effect. Use our tools to estimate realistically how much you can spend.
It's usually smarter in the long run
to buy a home than to rent one, but there are situations where the opposite is
true. Learn the advantages and disadvantages of both buying and renting. More
Although it's getting easier to find
a home online, it may be smarter to deal with an actual human being. Real estate
agents have many advantages over their virtual counterparts, including experience
and local knowledge. Yamon! tells you what to look for in a real estate agent
and how to find one in your area. More
The Web has made financing a home much
easier than it used to be. But you still need to know the basics: how to check
your credit, get prequalified, shop for loans, and get preapproved. In this section,
we'll give you the names of the resources you need and show you how best to go
about accomplishing these tasks. More
the Deal |
Once you've completed
all of the above steps, the home buying process may still only be half over. Inspecting
and appraising the property and closing the deal can take a great deal of time
and energy. Yamon! guides you through each stage, giving you detailed information
and names of Web sites that can help you complete the process and finally move
into your new home. More